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Industrial valves are devices that control the flow and pressure of
liquids and gases within a system. Valves are used to control the flow of
liquids and gases in the piping systems and it should be checked
consistently to avoid any risks such as leakage and corrosion. On the other
hand, valves used in industries can be operated manually or
automatically.

Growth of industrial valve market is driven by increasing demand in
industries such as oil and gas, wastewater and power among others. The
government of developing countries such as Brazil, India, and China among
others is investing heavily in pipeline infrastructure development mainly
in oil and gas sector, which is expected to drive the installation of
industrial valves over the forecasted period. This result in higher demand
of valves used in valve actuators namely, electrically, hydraulically and
pneumatically among others in different industry verticals. Moreover,
continuous generation of power via existing and old power plant is also
driving the demand for industrial valves market in power sector.

Some of the major restraints for industrial valves market are price war
among vendors and strict government regulations and policies in the market.
The participation of cross-industry vendors in the industrial valve market
is also escalating the competition among valve vendors. For instance, pump
and filtration vendors are offering valves along with the core valve
vendors. However, the companies would have to develop specialized products
in order to bring about product differentiation and produce higher margin
valves which will be less vulnerable to competition.

The main types of industrial valves includes are ball, globe, gate, and
butterfly valves among others Ball valves are used in rotational motion to
start, stop or throttling the flow of fluids in the system. The industrial
valves market can be further segmented by end use industries such as oil
and gas, chemical and power among others. The growth in revenues of the
industrial valve market is observed with multiple factors such as increased
sale of industrial valves in building new infrastructure development and
utilities globally. In addition, repairs and renovation in the existing
infrastructure also drives the growth of industrial valve market.

This research report analyzes this market on the basis of its market
segments, major geographies, and current market trends. This report
provides comprehensive analysis of

Market growth drivers

Factors limiting market growth

Current market trends

Market structure

Market projections for upcoming years

This report is a complete study of current trends in the market,
industry growth drivers, and restraints. It provides market projections for
the coming years. It includes analysis of recent developments in
technology, Porter’s five force model analysis and detailed profiles of
top industry players. The report also includes a review of micro and macro
factors essential for the existing market players and new entrants along
with detailed value chain analysis.

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